HONEYWELL INTERNATIONAL INC acquires SCADAfence
Snapshot
HONEYWELL INTERNATIONAL INC acquired SCADAfence for $52 million in August 2023. The transaction was structured as all cash. SCADAfence is a Israel-based Industrial Automation business.
- Acquirer
- HONEYWELL INTERNATIONAL INC
- Target
- SCADAfence
- Value
- $52 million
- Date
- August 2023
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
HONEYWELL INTERNATIONAL INC acquired SCADAfence for $52 million, a transaction completed in August 2023, structured as all cash.
SCADAfence operates in Industrial Automation, is based in Israel. A provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks.
Honeywell acquired SCADAfence, a provider of OT and IoT cybersecurity solutions for monitoring large scale networks, adding it to the Industrial Automation reportable business segment.
Adds OT/IoT cybersecurity capabilities to Honeywell's industrial cybersecurity offering. Honeywell Industrial Automation (Honeywell Connected Enterprise / Cybersecurity)
No advisory firms have been disclosed for this transaction.